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    Property profile & analytics
    OFF-MARKET
    Commercial land

    1610 State Blvd, Salem, OH 44460-1961

    0.12 ac lot
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US66-3951698
    Property summary
    AI-generated overview

    This exceptional 2.5-acre property located at 1610 State Boulevard in Salem, Ohio, presents a unique investment opportunity. Currently configured as a daycare center, the property is ideally suited for continued operation in this capacity, offering numerous existing learning and play areas ready for immediate use. The expansive 2.5-acre lot provides ample space for outdoor activities and potential expansion. The building's interior layout is designed to accommodate the needs of a daycare, featuring multiple rooms suitable for various age groups and activities. The property's convenient Salem location ensures easy accessibility for families and staff. This turnkey operation eliminates the need for extensive renovations or build-out, allowing for a swift commencement of business. The asking price of $250,000 represents a compelling value for a ready-to-operate daycare center on such a sizable lot. The property's potential extends beyond its current use

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.12 ac (5,401 SF)
    APN 50-50026-000
    UPID US66-3951698
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Iglesia De Dios Evangelio Completo · 1 yrs held
    Iglesia De Dios Evangelio Completo
    since 2025
    Last sale
    $144,500
    2 recorded transactions
    2025
    $230,000
    2021
    $144,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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